Is San Francisco County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, San Francisco County has remained a Seller's Market.
Housing Prices in San Francisco County, CA
How much do homes in San Francisco County, CA cost?
Median Sold Price
$1,399,349
$947/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in San Francisco County was $1,399,349 in April 2024, down 1.4% from last year, and the median price per square foot was $947.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $779.6K | $712.8K | -8.6% |
2 Bedrooms | $1.2M | $1.2M | -4.0% |
3 Bedrooms | $1.6M | $1.5M | -3.0% |
4 Bedrooms | $2.0M | $2.0M | -1.7% |
5+ Bedrooms | $2.4M | $2.2M | -8.2% |
Summary: San Francisco County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Counties
San Mateo County | $1.5M | $1.5M | +2.4% |
Alameda County | $1.0M | $1.1M | +1.7% |
San Francisco County | $1.4M | $1.3M | -1.4% |
Marin County | $1.4M | $1.4M | -3.4% |
Housing Supply in San Francisco County, CA
How many homes are available in San Francisco County, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,859 | 1,905 | +2.5% |
Summary: The San Francisco County real estate market had 1,905 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 329 | 348 | +5.8% |
2 Bedrooms | 615 | 633 | +2.9% |
3 Bedrooms | 428 | 444 | +3.7% |
4 Bedrooms | 250 | 237 | -5.2% |
5+ Bedrooms | 237 | 243 | +2.5% |
Summary: The San Francisco County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 2.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
359 | 450 | +25.3% |
Asking Price vs. Sold Price
136 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
262 Homes Were Sold
Over Asking
Summary: A total of 450 homes were sold or pending in San Francisco County in April 2024, up by 25.3% month-over-month. Of the 447 sold homes, 30% were sold under asking, 11% were sold at asking, and 59% were sold over asking.
Days on Market for San Francisco County, CA
How long does it take to sell a home in San Francisco County, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 41 Days | +29.0% |
Summary: Homes in San Francisco County had an average of 41 days on market in Apr 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 450 homes were sold in San Francisco County; 8% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.